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US Fed begins rate cut cycle
The Fed's lone dissenter on the big rate cut says she's concerned about 'premature declaration of victory' over inflation
Michelle Bowman said such a big initial rate cut could complicate the Fed's mission of getting inflation back to its 2% target.
Will the Fed cut interest rates again this year? Experts weigh in.
MORE: What does the Fed interest rate cut mean for mortgages and homebuyers? By the end of 2024, interest rates will fall another half of a percentage point from their current lev
Top Fed official warns jumbo rate cut is declaring victory over inflation too soon
JP Morgan Chase CEO Jamie Dimon echoed Bowman’s fears, saying he wouldn’t “count my eggs” that the rate cuts will deliver the US economy a soft landing.
13h
The Fed surprised many investors with a jumbo rate cut this week. It won’t get much easier to predict the next move
Federal Reserve Chair Jerome Powell is known for providing clear signals about the central bank’s next interest rate move in ...
1d
on MSN
Dollar edges lower after Fed rate cut, Aussie, Norwegian crown outperform
The U.S. dollar edged lower on Thursday after a larger than usual interest rate cut from the U.S. Federal Reserve that had ...
17h
on MSN
The Fed Just Slashed Interest Rates. Do This With Your Savings Immediately
The problem with interest rate cuts. The Fed's interest rate cuts have the potential to be great news for consumers. When the ...
1d
Biden celebrates lower interest rates, says he never spoke with Fed chairman
President Joe Biden called the Federal Reserve's decision to lower interest rats "good news" and says he never spoke to the ...
12h
on MSN
Magnificent Seven stocks are riding high again after Fed cut
If the Fed does fail to achieve a “soft-landing,” Nvidia, Tesla and others can be viewed as a potential defensive play for ...
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